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I think it is time to Nationilize GM and Citi

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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 08:30 AM
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I think it is time to Nationilize GM and Citi
Have the government move in, fire the top executives and Board and put a new BOD and executives in place who report to the President.

Get the companies back on their feet than sell them off as an IPO 5 years from now when they are making a profit to help with some of the government's losses.

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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 09:21 AM
Response to Original message
1. Nice post, Hugo.
I agree, btw. :hi:

Time to nationalize all of the national banks. The local credit unions and local banks seem to be weathering the storm. The national banks keep falling. Nationalize the national insurance companies, too.
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